Preventive Maintenance Agreement Template

April 11, 2021

A specific preventive maintenance and service contract describes what happens when equipment is destroyed due to natural disasters or terrorist acts. It also deals with what happens when it breaks because of a problem that is not detected during preventative maintenance. It should indicate what happens if there is a disagreement between the company and its service provider and what, if any, the company`s actions could invalidate the contract. In addition, the agreement must indicate the length, prices and payment schedule. B. All materials made available during maintenance-specific services are subject to this material-specific warranty. This agreement does not justify the materials. Distributors of equipment and similar businesses in the sales or leasing of equipment, machinery and equipment that need to be maintained often extend their sales and financing activities with service contracts. For the buyer or leaseholder, a preventative maintenance and service contract can provide protection against device failures. Preventive maintenance includes regular and systematic inspection of equipment, machinery, tools and other goods used in operations that wear out over time and use. Preventive maintenance includes light repair work done on a schedule, detecting and identifying problems in advance, and correcting detected problems.

Preventive maintenance avoids major outages, which can save a company a lot of time and money. The service component generally includes all corrective work done on an asset in order to restore it to the main operating state. B. If you do not pay in a timely manner, we will notify you in writing, and if you still do not pay for 10 days after this notification, we may terminate this contract. The duration of this agreement applies to the start period mentioned above, which begins when it comes into force. This contract is automatically renewed for one (1) year, unless you or we terminate the other at least thirty (30) days before the current period expires in writing. In the case of such an extension, the maintenance costs you pay during this period are as shown above. Many companies enter into preventative maintenance and maintenance contracts for equipment they cannot maintain in-house. Repairing equipment can be costly for a company, especially in an emergency, so preventing major repairs can be very inexpensive. In addition, downtime caused by device failures can be costly. these agreements can help maximize operating time. Preventive maintenance agreements can, if structured accordingly, help a company stay within the budget while achieving specific operational and productivity objectives.

one. The service required due to abuse, abuse, electrical storms, failures or fluctuations, broken or damaged glass, non-compliance with the user`s maintenance and operating instructions, or an outage or failure of an unspecified interconnected device in an equipment plan, including, but not exclusively, wiring, line or voice or data equipment or equipment; Unless an equipment plan is made otherwise, all customer maintenance contracts must be paid in advance for each maintenance period. one. This agreement and the equipment plan are the whole agreement between the parties regarding any service provided by [Maintenance Company] to the customer, and no insurance, inducement, promise, promise or agreement that is not embodied in it has no strength or effect.